More than half of affected workers are getting a raise through annual inflation adjustments: Impacts of January 2025 minimum wage increases by type of increase
| Type of increase | Number of states | Total workers affected directly or indirectly | Average share of workers affected | Total change in annual wage bill | Average change in annual earnings |
|---|---|---|---|---|---|
| Inflation adjustment | 14 | 5,815,500 | 10.0% | $3,309,323,000 | $420 |
| Ballot measure | 2 | 546,700 | 13.8% | $457,738,000 | $868 |
| Legislation | 5 | 2,902,500 | 14.7% | $1,944,047,000 | $731 |
Note: Average increase in annual earnings is for full-time workers.
Source: Economic Policy Institute Minimum Wage Simulation Model; see Technical Methodology by Dave Cooper, Zane Mokhiber, and Ben Zipperer.